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<br />31)7 <br /> <br />WILLIAM EUPHRA T MUNICIPAL FINANCE, INC. <br /> <br />INVESTMENT BANKIl'\G & CAPITAL MARKET CONSULTING <br /> <br />3100 CLAY STREET. SAN FRANCISCO. CALIFORNIA. 94115-1626 <br /> <br />TELEPJlONE: (415) 929-1564 . FACSIMILE: (415) 929-1440 <br /> <br />J(/j}cPJ¡ <br />;:/"- V-&l-' <br />, )" ' } <br />fì' L" ; . <br /> <br />'ll\'ÆlVC}}'! , <br />Dli;P'P <br /> <br />September 17, 1999 <br /> <br />Mr. Brian Ponty <br />Director of Finance and Financial Planning <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br /> <br />Dear Brian, <br /> <br />Thank you for the opportunity to provide financial advisory services to the City. <br />of Redwood City in connection with the proposed sale of Mello-Roos bonds for <br />public infrastructure improvements associated with the Pacific Shores Center <br />Project. <br /> <br />We propose to provide the services in the enclosed "Scope of Services" for a fee <br />of $45,000. Our fee shall be inclusive of out-of-pocket expenses. The payment of <br />our fee shall be contingent upon your successful sale and closing of bonds in <br />connection with this project. <br /> <br />If this proposal is acceptable to you, I would suggest that you instruct your city <br />attorney to prepare a contract modeled after our agreement to perform financial <br />advisory services in connection with the Redwood Shores Transportation <br />Improvement Project. <br /> <br />:dØ~ <br /> <br />William EU~a! <br /> <br /> <br />Enclosure <br /> <br />. ...,'-~-,._._~. -T'" <br />